For decades, alcohol sales have provided restaurants with high-margin income, often accounting for up to 30% of total revenue in fine dining. Unlike perishable food items, alcohol offers a longer…
Investing
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It’s fair to say that, as far as US stock indices were concerned, last year ended on a whimper rather than a bang. Yet overall it was a fine performance…
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Quantum computing stocks like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing were each down by more than a whopping 40% after Nvidia chief Jensen Huang’s comments that he did…
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US equity benchmarks were mixed on Wednesday as stronger than expected employment data raised concerns over future pace of rate cuts by the Federal Reserve. At the time of writing,…
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Meta, the parent company of Facebook and Instagram, announced a series of significant changes this week, signaling a shift in its approach to both e-commerce and content moderation. On Wednesday,…
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The visual content industry is witnessing a seismic shift as Shutterstock and Getty Images, two of the biggest players in the field, announce their merger. The combined entity, valued at…
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Indonesia has upheld its ban on the sale of Apple Inc.’s iPhone 16s, stating that the tech giant’s $1 billion investment plan, which includes the construction of an AirTag factory,…
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Sam Altman, the head honcho at OpenAI is facing serious allegations of sexual abuse. His sister, Annie Altman, has filed a lawsuit in the US District Court for the Eastern…
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Asian stock markets exhibited a mixed performance on Wednesday, as strong US economic data clouded the outlook for rate cuts in 2025. MSCI’s broadest index of Asia-Pacific shares outside Japan…
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Investing
Trump announces $20B investment by Emirati billionaire Hussain Sajwani, boosting AI and crypto growth
The post Trump announces $20B investment by Emirati billionaire Hussain Sajwani, boosting AI and crypto growth appeared first on Invezz
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Investing
HMPV virus 2025 latest update: India ramps up surveillance as cases hit seven, experts urge China to share data
The Indian government has urged states to intensify surveillance for respiratory illnesses, including influenza-like illness (ILI) and severe acute respiratory infections (SARI), following the detection of seven human metapneumovirus (HMPV)…
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The post Meta ends fact-checking efforts as it aligns with incoming Trump administration appeared first on Invezz
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JPMorgan Chase, along with other major US banks, has made a decisive move away from the Net Zero Banking Alliance (NZBA), signaling a significant shift in Wall Street’s stance on…
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Investing
Tesla (TSLA) drops after BofA downgrade, but bulls remain optimistic: what investors need to know
The post Tesla (TSLA) drops after BofA downgrade, but bulls remain optimistic: what investors need to know appeared first on Invezz
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The post Elon Musk’s political influence: a billionaire’s impact on European democracy appeared first on Invezz